A/S GELSTED TØMMERHANDEL — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S GELSTED TØMMERHANDEL
A/S GELSTED TØMMERHANDEL (CVR number: 41033916) is a company from MIDDELFART. The company recorded a gross profit of 1461.9 kDKK in 2023. The operating profit was -742.7 kDKK, while net earnings were -842.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. A/S GELSTED TØMMERHANDEL's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 320.34 | 785.52 | 3 027.61 | 1 381.99 | 1 461.94 |
EBIT | - 750.80 | -1 205.73 | 1 173.42 | - 755.42 | - 742.75 |
Net earnings | - 719.26 | -1 270.12 | 1 177.65 | - 944.93 | - 842.52 |
Shareholders equity total | 7 728.21 | 6 458.09 | 7 635.74 | 6 690.81 | 5 848.29 |
Balance sheet total (assets) | 13 535.99 | 12 521.63 | 13 152.90 | 12 379.58 | 12 357.77 |
Net debt | 1 396.01 | 1 013.21 | - 225.33 | 92.87 | 1 550.84 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.4 % | -7.5 % | 9.9 % | -5.1 % | -5.8 % |
ROE | -8.9 % | -17.9 % | 16.7 % | -13.2 % | -13.4 % |
ROI | -6.4 % | -9.3 % | 12.5 % | -6.5 % | -7.4 % |
Economic value added (EVA) | - 941.95 | -1 705.61 | 964.73 | - 976.13 | - 938.37 |
Solvency | |||||
Equity ratio | 57.1 % | 51.6 % | 58.1 % | 54.0 % | 47.3 % |
Gearing | 45.9 % | 51.4 % | 39.5 % | 43.2 % | 70.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.7 | 0.6 | 0.5 |
Current ratio | 1.7 | 1.5 | 1.8 | 1.6 | 1.4 |
Cash and cash equivalents | 2 154.62 | 2 305.16 | 3 243.52 | 2 797.78 | 2 578.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AA | BBB | BBB |
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